Colorado rural broadband project EAGLE-Net to resume, needs more money

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— The federal government will disclose Tuesday that it is allowing EAGLE-Net Alliance to resume the buildout of a taxpayer-funded high-speed Internet network aiming to connect the majority of Colorado's school districts, many of them in dire need of additional bandwidth.

The much-criticized organization, awarded a $100.6 million grant in 2010 as part of the Obama administration's broadband stimulus program, has been suspended since December after altering its rollout plans without first obtaining the required environmental approvals.

Initially scheduled for completion by the end of August, EAGLE-Net will now need an additional year and about $10 million to $15 million in private financing to finish its network, according to the National Telecommunications and Information Administration.

Read more at The Denver Post.

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